Global and EU economic growth to boost rising Greek tourism sector

Expectations of another record-breaking year, in terms of Greece’s all-important tourism sector for 2018, appear bright at the end of this year, with a SETE Intelligence banking on, among others, a continuing growth in the world’s GDP.

Citing the latest data by the EU and the IMF, SETE points to a forecast of a 3.7-percent global GDP rise for 2018, over 3.6 percent in 2017. In terms of major economies, GDP in the US is forecast to grow at 2.5 percent in 2018; 2.1 percent in the EU-28 and 6.5 percent in China. 

Prospect for an even better tourism season in Greece in 2018 are also buttressed by continuing economic growth in major European countries as well as in the country’s immediate neighbourhood, i.e Bulgaria, Turkey and the former Yugoslav Republic of Macedonia (fYRoM).

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Source: naftemporiki.gr

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